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it's not it's the economy, stupid. in ukraine it looks like a cold war up rising stuck in a debate over democracy. we will go live to kiev for the latest. good morning from washington. this is "the daily rundown." coming up, a deep dive into bit coin and how it could fit into the world's phi national future. this is a wild new currency gaining steam online. let's get to the first reads of the morning. you can call the last month and a half for the republican party. after losing the last two contests after the shut down in the midst of a battle in the party, republicans clearly have the political swlj it comes to health care. they are in a bit of a quandary. they believe healing care is a winning issue, they are not sure of the next move. the president will test out some of the themes of the upcoming state of the union address and will provide a window into where he focuses energies over the next three years. this is the need for upward mobility. the president will explain how the health care law fits into his vision, e
it's not it's the economy, stupid. in ukraine it looks like a cold war up rising stuck in a debate over democracy. we will go live to kiev for the latest. good morning from washington. this is "the daily rundown." coming up, a deep dive into bit coin and how it could fit into the world's phi national future. this is a wild new currency gaining steam online. let's get to the first reads of the morning. you can call the last month and a half for the republican party. after losing the...
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is have been a good healthy economy. that's the sad fact. first of all, there was no new flawed planted in the ground. he's been talking since the moment -- actually since he ran for president. to balance the budgets in a response way, reduce the deficit. those are precisely the things that he accomplished, so i'm pleased to know you agree. >> the difference quite simply is after five years, he still has not learned how to reach across the aisle. he was willing to sit down -- >> i've said this before, and i guess this is a tribute to you. you were a different kind of speaker. you were able to bring your caucus along, and get things done. >>> congressman, i'm sure you have a lot to respond to. >> yes, i do. very specific question. u ubs. >> do you great deal that inequality is a problem? >> yes, it's getting worse. you would think they weren't in power. the fact is the democrats have the house and senate. they did a $787 billion stimulus plan, the cash for clunkers, all these things that didn't grow the economy. they exacerbated the problem.
is have been a good healthy economy. that's the sad fact. first of all, there was no new flawed planted in the ground. he's been talking since the moment -- actually since he ran for president. to balance the budgets in a response way, reduce the deficit. those are precisely the things that he accomplished, so i'm pleased to know you agree. >> the difference quite simply is after five years, he still has not learned how to reach across the aisle. he was willing to sit down -- >>...
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economy of a company like boeing making great planes. and they do make great planes. they make the best planes in the world. they have the best aircraft workers in the world in washington. they wanted to re-negotiate a labor contract a couple years ahead of its expiration. the state of washington was willing to give $9 billion in tax incentives, the largest in the history of the state by far to keep boeing there. and it's not like boeing is in debt. $4 billion in profits last year. good stock price, all of those orders as you indicate, and what i see this becoming, unfortunately, is a race to the bottom. and that's not a race that we want our workers to be in. that's not ultimately a race that's going to be good for the u.s. economy. >> doesn't question come up about boeing's quality because the work force is there in seattle, all of the infrastructure, when i say infrastructure, i'm talking about all of the guts that are put together to put an aircraft like this together. this is going to have to be major facility construction in these other states that simply can't
economy of a company like boeing making great planes. and they do make great planes. they make the best planes in the world. they have the best aircraft workers in the world in washington. they wanted to re-negotiate a labor contract a couple years ahead of its expiration. the state of washington was willing to give $9 billion in tax incentives, the largest in the history of the state by far to keep boeing there. and it's not like boeing is in debt. $4 billion in profits last year. good stock...
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only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> welcome back to "the lead." one way to get the 2016 rumor mill going is promising you're not running for president. elizabeth warren said i pledge to serve out my term. i'm not running for president. margaret carlson, anna navaro, and gloria borger. i believe he went back on the show he announced it and said he was reconsidering. >> the did use the word pledge. and she did sign a letter with the other women, democratic senators urging hillary clinton to run. today he used the word pledge, and i think that's a hard thing to get out of. should hillary clinton decide not to run, there is a large opening, people want a woman -- i think pledge is tough to go back on. >> hillary clinton is second after vice president biden. a lot of people have never heard of her. why do people like her? >> she said that financial melt down there was a culprit and they had to pay. there was 100 pictures of her on that cover, and we knew she was becoming famous, but there is that element wher
only ford gives you ecoboost fuel economy and a whole lot more. go further. >>> welcome back to "the lead." one way to get the 2016 rumor mill going is promising you're not running for president. elizabeth warren said i pledge to serve out my term. i'm not running for president. margaret carlson, anna navaro, and gloria borger. i believe he went back on the show he announced it and said he was reconsidering. >> the did use the word pledge. and she did sign a letter with...
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the economy didn't always work for everyone. racial discrimination locked millions out of poverty or out of opportunity. women were too often confined to a handful of often poorly paid professions and it was only through painstaking struggle that more women in i nor days and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post-world war two years the economic ground felt stable and secure for most americans. and the future looks brighter than the past. and for some that meant following in your old man's footsteps at the local plant and you knew that a blue-collar job would buy you a home and a car and maybe a vacation once in a while, health care and a reliable pension. for others it meant going to college. in some cases may be the first in your family to go to college. and it meant graduating without taking on loads of debt and being able to count on advancement through a vibrant job market. now it's true that those at the top even in those years c
the economy didn't always work for everyone. racial discrimination locked millions out of poverty or out of opportunity. women were too often confined to a handful of often poorly paid professions and it was only through painstaking struggle that more women in i nor days and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post-world war two years the economic ground felt stable and secure for most americans. and...
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he was doing the same here on the economy. he got some strong push back today. he said republicans have all kinds of plans to deal with these issues. he goes on almost every other friday night and repeals the bill itself. he signed 7 bills and so he knows the bill won't work. he has to listen what is going on. a new poll came out this week that the more people know the stronger they disapprove of it. another poll republicans are jumping on today is one suggesting that 18 to 29-year-olds are not buying into the law. 56% of them saying that they disapprove of the act. he is trying to get the young healthy people to sign up for this law. they are going to do that in the long run but it is clearly a challenge. ed henry thanks so much. >> pay your fair share and at the same time i found it a bit ironic because in essence it could be the middle class that is getting hit by obama care more than anyone else. this speech sound ed a lot likea speech he gave in kansas. he was hitting on income inequality saying the growing deficit problems according to president obama and
he was doing the same here on the economy. he got some strong push back today. he said republicans have all kinds of plans to deal with these issues. he goes on almost every other friday night and repeals the bill itself. he signed 7 bills and so he knows the bill won't work. he has to listen what is going on. a new poll came out this week that the more people know the stronger they disapprove of it. another poll republicans are jumping on today is one suggesting that 18 to 29-year-olds are not...
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you're going to use -- you're going to need immigration sooner or later if you. -- if you want your economy to continue growing, and that immigration will probably come naturally from the whrat tin america, a political dividend here, and there's a tremendous opportunity for the u.s. in latin america. of course, china is always very interested in latin america's energy resources, in our water, in our biodiversity, and if they want to invest, latin america will welcome it. so be it. >> thank you. we are almost out of time, but before asking one last question, a couple housekeeping matters. we have our upcoming speakers. december 10, we have the honorable anna parker, mayor of houston, texas, dan acerson, chairman and ceo of general motors, and on december 19th, skaggs, bluegrass ledge. second, i want to present the guest with a press club coffee mug to be filled with colombia coffee. [laughter] >> thank you. >> thank you. [applause] and -- [applause] and for the time question, you mentioned the property pegs, 5 enthe u.s. team is looking for a change. how do you see the prospects in the world
you're going to use -- you're going to need immigration sooner or later if you. -- if you want your economy to continue growing, and that immigration will probably come naturally from the whrat tin america, a political dividend here, and there's a tremendous opportunity for the u.s. in latin america. of course, china is always very interested in latin america's energy resources, in our water, in our biodiversity, and if they want to invest, latin america will welcome it. so be it. >>...
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. ♪ ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> time fi finally tonight you know the expression "never let them see you sweat." tonight piers morgan let everyone see him sweat. now i want you to take your rpm number to 70. let's see how that goes. >> easy. 73. >> all right, piers, so i want you to stay at 70 but i want you to know take your torque up to 28? 28? stay at 70. how's that going? >> it's, you know, getting a little testy. >> should we try 30? >> why not? >> okay. >> now 30 and 70. that is a good balance? >> that's very good. >> how many seconds do i have to keep doing this for? >> in a suit nonetheless piers morgan, now i know why i heard shouting coming from the studio tonight. piers you should have called on sanjay for help. that's what chris cuomo did this year. dr. gupta to the rescue. watch. >> is it okay if i go all the way down? >> i can't keep up. you're going too fast. >> the doctor giving chris a piggyback. dr. gupta that's impressive. if you were wondering what his secret
. ♪ ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> time fi finally tonight you know the expression "never let them see you sweat." tonight piers morgan let everyone see him sweat. now i want you to take your rpm number to 70. let's see how that goes. >> easy. 73. >> all right, piers, so i want you to stay at 70 but i want you to know take your torque up to 28? 28? stay at 70. how's...
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come up in any start up, any launch of ail project this big that has an impact on one-sixth of our economy, whatever comes up, whatever comes up, we're going to just fix it. >> meanwhile, former president bill clinton clarifying that promise that he made about president obama should keep their health plans. bill clinton said it was not designed to distance himself from the health care law in effort to help his wife hillary's 2016 presidential ambitions. >> i said nothing about this, not one word, until the president himself spoke. i don't think you can find anybody in america whose worked harder for his election or supported his bill or went out of the way to explain it to the american people than i did. >> intrigue, still. bill clinton says he does not know whether his wife will run for president and adds he will support joe biden as the 2016 presidential naumle knee if biden were to get the nomination. >>> the university of notre dame has filed another lawsuit. they're opposing a mandate in obama care. the affordable care act does make an exception for religious institutions. so this new
come up in any start up, any launch of ail project this big that has an impact on one-sixth of our economy, whatever comes up, whatever comes up, we're going to just fix it. >> meanwhile, former president bill clinton clarifying that promise that he made about president obama should keep their health plans. bill clinton said it was not designed to distance himself from the health care law in effort to help his wife hillary's 2016 presidential ambitions. >> i said nothing about this,...
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and we spent far more as an economy in growth and per capita terms that all of the major economies for a system that delivered less effective outcomes for a smaller percentage of our population. in short, quoting somebody i know well, we were spending more each year and getting less. our economy suffered, families suffered, and all of it was unnecessary. as president obama has said, fighting to deliver quality, affordable health insurance and the security that comes with it to every american is paramount. this is about making sure that everyone in the united states gets a fair shake, and it's about the economic imperative as we continue to rebuild our economy and build a better bargain for the middle class. that's what the affordable care act does, by using touchtone american values of transparency and competition to improve health care protection, and affordability to those americans who already have insurance, and to provide new affordable care options for consumers who either don't have it or want to switch their insurance. we finally put in place real solutions that have been at wo
and we spent far more as an economy in growth and per capita terms that all of the major economies for a system that delivered less effective outcomes for a smaller percentage of our population. in short, quoting somebody i know well, we were spending more each year and getting less. our economy suffered, families suffered, and all of it was unnecessary. as president obama has said, fighting to deliver quality, affordable health insurance and the security that comes with it to every american is...
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including a collapsing economy in 2007. he has had enormous problems. in the midst of that, he has by the country back up. we have increasing numbers of people employed and we have a functioning health care plan that is getting off the ground in terms of the launch. when we focus on all the problems, not to see what the president is actually a commission. it is easy to snap your fingers and have people look and not see what his other hand has been doing. unemployment is down, not all the way down, but it is getting there. basically, the economy is coming back. .e has done a remarkable job i can see things i would have had him do differently or talk more about or whatever. that overall we are in a much better position than we were when george bush left. twitteralthcare.gov's handle the white house has created tweeted this about half hour ago. 00 visits to healthcare.gov yesterday, site stable. what do you make of this? guest: sounds like progress to me. they are getting almost one million people a day coming in. between now and the first of the year, the
including a collapsing economy in 2007. he has had enormous problems. in the midst of that, he has by the country back up. we have increasing numbers of people employed and we have a functioning health care plan that is getting off the ground in terms of the launch. when we focus on all the problems, not to see what the president is actually a commission. it is easy to snap your fingers and have people look and not see what his other hand has been doing. unemployment is down, not all the way...
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killing the economy. it's hurting people's lives in a real-time basis. middle class -- >> does it -- sorry, ma'am, does it bug you when democrats go, yeah, they're going at bashing, but they don't have a plan of their own. there are half a dozen plans -- >> more than that. >> republicans, some say, want to annihilate this and do nothing in return. >> it's political. if you want to address the situation, do one thing -- let people buy any health insurance policy they want, anywhere in america, with no minimum federal requirement. you do that alone, you solve all sorts of problems with access to health care. then give a liability shield to anyone who wants to offer charitable health care. if you do that, you can deal with the poor, you can deal with the middle class, you can deal with the wealthy, and then this sorts itself out pretty fast. >> congressman, thank you very much. i mentioned that, as i said to the congresswoman, the argument is that there are no alternative plans. you might not like the alternative plans, but there are at least six out there.
killing the economy. it's hurting people's lives in a real-time basis. middle class -- >> does it -- sorry, ma'am, does it bug you when democrats go, yeah, they're going at bashing, but they don't have a plan of their own. there are half a dozen plans -- >> more than that. >> republicans, some say, want to annihilate this and do nothing in return. >> it's political. if you want to address the situation, do one thing -- let people buy any health insurance policy they...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. stick with innovation. stick with power. stick with technology. get the new flexcare platinum from philips sonicare and save now. philips sonicare. >>> obama care back from the dead? >> you've got good ideas? bring them to me. let's go. but we're not repealing it as long as i'm pr
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses every day we're working to and to keep our commitments. and we've made a big commitment to america. bp...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> the district attorney in rochester, new york, followed the advice she was given on this program last night by a former upstate new york federal prosecutor. >> now to a developing story here in the city of rochester. unfair and out of line, that's what three teenerize calling their recent arrest. >> arrested in rochester, new york, last week, while committing the crime of waiting while black. >> their families athey have never been in trouble before and they shouldn't be in trouble now. >> they are members of the edison tech high school basketball team who were waiting for their school bus to take them to a scrimmage basketball game on wednesday morning. at 8:43 a.m., they were arrested and charged with disorderly co
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> the district attorney in rochester, new york, followed the advice she was given on this program last night by a former upstate new york federal...
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but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight. so who is right? does the american public get money back? >> the american public has gotten all but about $10 billion back from gm. lost about $1.3 billion on chrysler. ford never took the bailout. be very clear. ford never took the bailout, it was in a better position at the beginning of the financial crisis. but the u.s. taxpayer lost money on those two bailouts of chrysler and gm. but let's be clear. they could have lost a lot more. so there is what they have lost, that is just gm, but a lot of people say, wow, that ended up being a pretty good investment. gm since 2010 has invested $8.8 billion of either own money into 34 facilities and saved or created 25,000 jobs they say. and you have basically the a
but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight. so who is right? does the american public get money back? >> the american public has gotten all but about $10 billion back from gm....
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economy. the relatively small amount in the recovery act for infrastructure created many jobs because there's a strong multiplier effect. about 36,000 jobs for each $1 billion invested. and these are family wage jobs all across america that aren't going to be outsourced overseas. in less than a year, the transportation bill expires and absent congressional action we face a precipitous drop in transportation funding, a reduction of 30% overall for the next decade. to be this way. i'm proposing we implement the three-step 15 cent gallon tax ncrease that was part of the simpson-bowles deficit reduction proposals. communities and industry need some certainty, especially for larger projects that are multistate and multiyear. and this should be the last federal gas tax increase. over the next 10 years, we need to replace funding for transportation that's based on gallons of fuel consumed, which is going to be declining, with something more sustainible. a reasonable adjustment now and a permanent fix
economy. the relatively small amount in the recovery act for infrastructure created many jobs because there's a strong multiplier effect. about 36,000 jobs for each $1 billion invested. and these are family wage jobs all across america that aren't going to be outsourced overseas. in less than a year, the transportation bill expires and absent congressional action we face a precipitous drop in transportation funding, a reduction of 30% overall for the next decade. to be this way. i'm proposing...
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only ford gives you ecoboost fuel economy and a whole lot more. go further. waffle bars... fancy robes... seems every hotel has something to love... so join the loyalty program that lets you earn free nights in any of them. plus, for a limited time, members can win a free night every day. only at hotels.com ♪ i need dollar dollar dollar is what i need ♪ >>> welcome back to "new day," my friend. we have the real-life top gun story in just a moment but first, a quick check of sports headlines in this morning's "bleacher report." >>> you knew missing the playoffs for the first time in 19 years wasn't going to sit well with the yankees. this time around, they're steeling jacoby ellsbury is way from the red sox. they reportedly signed him to a seven-year, $153 million contract, the fourth largest deal in yankees history. ellsbury will have to shave his beard. the yankees have that no facial hair policy. >>> warriors, raptors games looked like a snoozer. toronto it a 27-point lead but golden state mounted an epic comeback. they used a barrage of thr
only ford gives you ecoboost fuel economy and a whole lot more. go further. waffle bars... fancy robes... seems every hotel has something to love... so join the loyalty program that lets you earn free nights in any of them. plus, for a limited time, members can win a free night every day. only at hotels.com ♪ i need dollar dollar dollar is what i need ♪ >>> welcome back to "new day," my friend. we have the real-life top gun story in just a moment but first, a quick check...
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it's not it's the economy,
it's not it's the economy,